Our ServicesPlum Property is a Buyers' Agent specialising in helping investors to find and purchase properties across Australia. We use extensive research to identify the most attractive areas for investment. We locate properties within those areas which will suit your needs and budget. Here are the steps we follow to help you find and purchase an investment property: - An initial discussion to identify your requirements, particularly to find out whether you are looking for capital growth, negatively or positively geared property, and the timing of your investment;
- Research to identify the best State, region and suburb, and to select individual properties;
- Inspection of suitable properties;
- Preparation of comprehensive property reports;
- Guidance and assistance to select the right property;
- Negotiation and purchase of the property on your behalf
- Organise pest and building reports, legal services, depreciation schedules, property management and pre-settlement inspections.
As Plum Property works in conjunction with McGlinchey and Associates Lawyers, we can also review the contract for sale and negotiate changes, advise on potential problems with the contact, title or zoning to ensue you have a complete picture of the property you are purchasing. Please see the strategies for property investment on other pages of this web site. 2. Buyer's Agent for Commercial Industrial property Plum Property can locate office, retail or industrial property that suits your needs for the establishment, expansion or relocationation of your business premises. Services for commercial purchasers includes extensive market research on demographics, infrastructure, zoning and comparative pricing in competing areas. We can negotiate on your behalf and secure the property at the best possible price. As Plum Property works in conjunction with McGlinchey and Associates Lawyers, we can also review the contract for sale and negotiate changes, advise on potential problems with the contact, title or zoning to ensue you have a complete picture of the property you are purchasing. 3. Evaluate and negotiate For buyers of residential or commercial property who have located a property or properties themselves we offer and evaluate and negotiate option. We provide extensive market research which will highlight the strengths and weaknesses of properties and the correct market price range. We will negotiate with agents on your behalf, organise and review all relevant pest and building, strata records searches and valuations, and ensure you secure the right property at the right price. In all cases understanding the right price for any property includes understanding the terms and conditions set out on the contact for sale. As Plum Property works in conjunction with McGlinchey and Associates Lawyers, we can also review the contract for sale and negotiate changes, advise on potential problems with the contact, title or zoning to ensue you have a complete picture of the property you are purchasing. Auction Bidding For buyers of residential and commercial property who have identified a property they wish to purchase but would prefer not to bid at the auction, we offer an auction attendance and bidding service. We can attend with you so that if we are successful you can sign the contract yourself or if you are unable to attend the auction we can prepare and complete all the necessary paper work to legally allow your representation to bid on your behalf and sign the contract on your behalf. This service is particularly useful to overseas and intestate buyers and to buyers who wish to remain anonymous. Please call us on 02 95811617 to discuss your needs and for a fixed price quote for this service. You may wish to send us a summary of your requirement though our enquiry form. Property Conversions Plum Property in conjunction with McGlinchey and Associates Lawyers is able to provide services for property investors which require the coordination of a team of property professionals. Examples set out below: - The conversion of single owner or company title flats to strata title units. These types of conversions can add hundreds of thousands of dollars to the value of you property. Plum Property working with McGlinchey and Associates can manage these projects and coordinate all professionals involved in the project.
- Single occupancy to Dual occupancy. This is an added value strategy which involves the assessment of a property on the potential for dual occupancy or subdivision.
Legal Services for Property Investors Joint Venture Agreements Plum Property, working with McGlinchey and Associates Lawyers can advise and provide joint venture agreements when two or more investors band together for the purpose of a property project. One of the keys to the success of a project is to have a clear and legally enforceable agreement which sets out the aims of the project, the obligations of the parties and the exit strategy. This can avoid expensive litigation in the long run. Purchasers in Self-Managed Super Schemes Over the last ten years Self-Managed Superannuation schemes have grown in popularity as a vehicle to own and control property and other asset classes. A relatively recent development allows self-managed superannuation schemes to borrow to leverage their property purchases. However, strict rules apply to how schemes must be set up to allow for the purchasing and leveraging of property. We can assist with the establishment of a scheme which allows for the purchase of property and leveraging purchasing property. We can also ensure that all the relevant rules are complied with during the purchasing process to ensure that taxation and other legislation is complied with. Co ownership agreements As property increases in value it became more difficult to break into the market. We have noticed an increase in the number of people (especially younger people) wishing to buy property with friends and family. This is a great idea but such arrangements need to be structured so that all parties understand their rights and obligations and who changing circumstances will be negotiated. For example - what happens if one of the parties dies or wants the other parties to buy them out? The best way to ensure the success of these arrangements is to document the arrangement a co ownership agreement. |